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we've got three or four different fossil fuels and we've got four or five different renewable energies and the situation is quite complex and i don't want to complicate our you know my own watching for the cause you know we should be looking at water and oil as being the same power as when it comes to scarcity. the question is should we look at water in oil in the same way in terms of how to respond i think the answer is no in this case i mean these are just very i certainly think there's i certainly hope i'm not especially. and i'm not an oil economist i'm not in a common position to comment along the specificity of that but i think there's a lot more flexibility you know water is something that hypothetically is available domestically and it is indigenously in every country there's a lot more flexibility it's not as politicized this oil is politicized water for sure but there is more easy options and it really is not is fraud and tricky basically as oil is so i think it would be a mistake to try to conflate those two and it is true that you we need to look at the trajectory of these
we've got three or four different fossil fuels and we've got four or five different renewable energies and the situation is quite complex and i don't want to complicate our you know my own watching for the cause you know we should be looking at water and oil as being the same power as when it comes to scarcity. the question is should we look at water in oil in the same way in terms of how to respond i think the answer is no in this case i mean these are just very i certainly think there's i...
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an energy companies involved in the project now this pipeline plans to transport russian natural gas to central and south in europe diversifying gas routes away from transit countries in particular ukraine and now the points will go from russia's black sea coast to bulgaria and that will be split into two bringing russian natural gas directly to european consumers the first supplies are scheduled for the end of two thousand and fifteen yet many in europe question whether this project is needed due to falling demand for natural gas in europe and high costs of construction sound doubt that twenty billion dollars project is necessary however gas from spark now sees it differently when you look at policy i think there's a good likelihood that the demand for gas will grow because we have to replace all sources of energy anyway the import of natural gas interest on europe and so on your has to grow and therefore i think this is a very very important project meanwhile gazprom c.e.o. aleksei miller says that the south stream pipeline is the biggest infrastructure project in europe and all th
an energy companies involved in the project now this pipeline plans to transport russian natural gas to central and south in europe diversifying gas routes away from transit countries in particular ukraine and now the points will go from russia's black sea coast to bulgaria and that will be split into two bringing russian natural gas directly to european consumers the first supplies are scheduled for the end of two thousand and fifteen yet many in europe question whether this project is needed...
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to be energy independence are there are drawbacks to that. well i think it matters while you decide how you're deciding your mix of fuels if we're still relying on fossil fuels i don't see the united states pulling out of its bases in the middle east and having. soldiers in iraq for example many it's impossible to explain iraq without talking about oil for starters so energy independence i'm all for. the the idea of energy independence but not if it's based on more of the same fossil fuels because the reality is part of the reason that the united states is able to produce more oil is because it's drilling in places that it never used to drill before it's also fracking for natural gas which means that natural gas has decreased. coal can be exported and coal is being exported in large quantities to places like china for example which is now ramping up its own own coal production which is adding to c o two emissions and then the u.s. turns around and says well look china's not doing anything about carbon dioxide emissions the burning the burning
to be energy independence are there are drawbacks to that. well i think it matters while you decide how you're deciding your mix of fuels if we're still relying on fossil fuels i don't see the united states pulling out of its bases in the middle east and having. soldiers in iraq for example many it's impossible to explain iraq without talking about oil for starters so energy independence i'm all for. the the idea of energy independence but not if it's based on more of the same fossil fuels...
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as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with government popular over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich nations have all hidden under the south china sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accuse chinese boat of sandwich dodging exploration india warned it's ready to use force to defend its interests hopefully as i said that should not be leading to a longer term conflict but you know it's it's you know the inevitable because both these countries now large and visions of becoming global actors and players both china and india have been pumping billions of u.s. dollars into their armies
as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with government popular over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich...
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which you referred to said there was a bubble possible and clean energy and there wasn't one possible and nanotech so is there any role of government spending absolutely yes the entire digital economy was based on the massive commitment of capital of for funding research and for procurement by the defense department in the nineteen fifties and sixties it was indeed some of it was wasted but here's the point the entire innovation economy always has been and always will be driven by process of trial and error and error and error at that level of scientific discovery and technical invention and then downstream and learning how the new technologies can be put to work for commercial profit when you look at the history of the venture capital industry what stands out is that eighty percent of all venture capital dollars and more than one hundred percent of all venture capital profits have been made in just two sectors i.t. information and communications technology and biomedicine why is that it's because the federal government built a platform for venture capitalists and the entrepreneurs th
which you referred to said there was a bubble possible and clean energy and there wasn't one possible and nanotech so is there any role of government spending absolutely yes the entire digital economy was based on the massive commitment of capital of for funding research and for procurement by the defense department in the nineteen fifties and sixties it was indeed some of it was wasted but here's the point the entire innovation economy always has been and always will be driven by process of...
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the sand up the pipeline will be owned by russian energy giant gazprom the fastest but its least germany however may need to europa question whether this project is different media critics say that a whopping twenty billion dollars cost for a pipeline is way too much especially in current times of economic recession but it seems these fears are not enough to stop a project like this is the big question will be hoping beyond choppy waters to face our own very c.e.o. they will be going directly and well back to our top story the tens of thousands of people protesting against egypt mohamed morsi alcide his presidential palace in cairo for more on this we're joined from the scene the boy reporter true about what exactly happened how did the crowds make it past the barricades in truth the presidential palace area. we saw what is cryonics. to storm the republican guards barricades and flooded into the streets outside the presidential palace where they are now as you can probably see behind me there are hundreds and thousands of protesters who met in the middle because there's a barricades on e
the sand up the pipeline will be owned by russian energy giant gazprom the fastest but its least germany however may need to europa question whether this project is different media critics say that a whopping twenty billion dollars cost for a pipeline is way too much especially in current times of economic recession but it seems these fears are not enough to stop a project like this is the big question will be hoping beyond choppy waters to face our own very c.e.o. they will be going directly...
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is now officially under construction the project brings together europe's biggest energy. russian gas pump straight to the continent. reports all of the. sun the sun. their holiday and now this also becoming. the start of the construction of one of the most uncertain. systems on earth no surprise there are plenty of. breaking sermon. the importance being placed on the i checked preston. here to be. red. to bulgaria and on to greece and austria the project was dreamed up to the idea the more the man not the was the mo pump the more secure the delivery to customers will be now it's a need that arose after transit countries ukraine and particularly disrupted delivery on a number of occasions and the pots to fifty percent of the pipeline will be owned by russian energy giant gazprom the rest us but with its lead france and germany however may need euro question whether this project is even needed critics say that a whopping twenty billion dollars cost for a pipeline is way too much especially in current times of economic recession but it seems these fears are not enough to sto
is now officially under construction the project brings together europe's biggest energy. russian gas pump straight to the continent. reports all of the. sun the sun. their holiday and now this also becoming. the start of the construction of one of the most uncertain. systems on earth no surprise there are plenty of. breaking sermon. the importance being placed on the i checked preston. here to be. red. to bulgaria and on to greece and austria the project was dreamed up to the idea the more the...
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energy giants of b.p. and gazprom are talking business as britain seeks to bolster its energy security the north stream pipeline could be extended to the u.k. by the sixty deal said the size of next year right now the pipeline runs from russia to germany on the baltic sea and would need to be extended six hundred miles to reach the project appeals to the u.k. government to office diversifying gas supplies currently mostly coming from the middle east. now next the second part of our feature on the anti corporate movement occupy wall street which marriage us every year before sweeping across the country watching here on r.t. in just a couple minutes. you can tell an ordinary russian siberian in the blink of an eye one i didn't century anthropologists. those days siberians were different clothes different food. different animals. but what about. my journey began in two men but the big city was all shiny. scrapers and shopping malls much like any other prosperous russian. so. a small town just outside. dumplin
energy giants of b.p. and gazprom are talking business as britain seeks to bolster its energy security the north stream pipeline could be extended to the u.k. by the sixty deal said the size of next year right now the pipeline runs from russia to germany on the baltic sea and would need to be extended six hundred miles to reach the project appeals to the u.k. government to office diversifying gas supplies currently mostly coming from the middle east. now next the second part of our feature on...
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to quickly open its nuclear facilities to international and inspectors from the international atomic energy agency the resolution was passed with one hundred seventy four in favor a six against and six abstentions and essentially it's calling on israel to join the non proliferation of nuclear treaty not as of yet it is off all countries who do have nuclear arms but who are not recognized by those from on proliferate proliferation treaty these resolutions of the united nations are not legally binding but they are important because they reflect world opinion and they certainly carry political weight so this is something that will make tel aviv sit up and take notice what we've witnessed ever since the palestinians went to the united nations last week and were recognized with increased status is a strong reaction from the israeli government the israeli prime minister netanyahu or not that he was approving some three thousand new sic knowhow in this essentially an area known as the one which is in these two men the west bank and it does mean that these two areas will be cut off from each other
to quickly open its nuclear facilities to international and inspectors from the international atomic energy agency the resolution was passed with one hundred seventy four in favor a six against and six abstentions and essentially it's calling on israel to join the non proliferation of nuclear treaty not as of yet it is off all countries who do have nuclear arms but who are not recognized by those from on proliferate proliferation treaty these resolutions of the united nations are not legally...
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energy giants b.p. and gazprom are talking business as britain seeks to bolster its energy security the north stream pipeline could be extended to the u.k. by twenty six the with a deal set to be signed in the middle of next year right now and the pipeline runs from russia to germany under the baltic sea but it would be to be extended six hundred miles to reach britain the project appeals to london because it offers diversifying gas supplies that are mostly coming from the middle east. will be plenty more stories on our website including flying into trouble if washington pushes its drone program over the us a spate of crashes and near misses civilian authorities are questioning their safety find out more at r.t. dot com plus also online. news agencies are left red in the face after publishing a scientifically floor diagram they claim as proof of iran's nuclear bomb ambitions which critics say could have been produced by any signs james. now that you can use papers accused of wreaking havoc on the lives
energy giants b.p. and gazprom are talking business as britain seeks to bolster its energy security the north stream pipeline could be extended to the u.k. by twenty six the with a deal set to be signed in the middle of next year right now and the pipeline runs from russia to germany under the baltic sea but it would be to be extended six hundred miles to reach britain the project appeals to london because it offers diversifying gas supplies that are mostly coming from the middle east. will be...
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and i would say with regard to the holdings of trans canada and other energy companies she needs to look go though she wants to be a credible candidate i think that that's a totally black or white thing and i hope you know you'll keep pushing on it and other people keep pushing it because that's very clear there's not much ambiguity there and that was michael brooks producer of the majority report well we're starting to get a clearer picture painted for us of the future of the spy culture in the u.s. and the extent to which it's grown over the last ten years an article over the weekend in the washington post revealed that the pentagon is creating an intelligence agency of its own that could rival the cia in both size and scope the defense intelligence agency is aiming to have as many as one thousand six hundred collectors they're called in positions around the world and according to the agency's director lieutenant general michael flynn this is a major adjustment for national security well it also raises some major questions about the size of our intelligence force in this country consid
and i would say with regard to the holdings of trans canada and other energy companies she needs to look go though she wants to be a credible candidate i think that that's a totally black or white thing and i hope you know you'll keep pushing on it and other people keep pushing it because that's very clear there's not much ambiguity there and that was michael brooks producer of the majority report well we're starting to get a clearer picture painted for us of the future of the spy culture in...
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from as an africa specialist and i would say with regards to the holdings and trans canada and other energy companies she needs to let go of them if she wants to be a credible candidate i think that that's a totally black or white thing and i hope you know you keep pushing on it and other people keep pushing it because that's very clear there's not much ambiguity there let's talk a little bigger picture here michel not just dealing with susan rice but about something that you pressed upon which is that this really is kind of you know. the political media these days seems to have taken a lot of notes from e.s.p.n. and the way they cover sports and you know it's interesting to watch as fast moving and people at least you know a lot of producers and i on our talent like to think that their viewers like it when it's more of a you know a sporting event you know this he said she said account talk a little bit about big picture here how the media sort of does that and what you think the impact has been. well i think you know there is an element to all of this debate of argument and of entertainmen
from as an africa specialist and i would say with regards to the holdings and trans canada and other energy companies she needs to let go of them if she wants to be a credible candidate i think that that's a totally black or white thing and i hope you know you keep pushing on it and other people keep pushing it because that's very clear there's not much ambiguity there let's talk a little bigger picture here michel not just dealing with susan rice but about something that you pressed upon which...
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energy giants big pay and gazprom are talking business is britain seeks to bolster its energy security the north string pipeline could be extended to the u.k. by twenty sixteen with a deal set to be signed in the middle of next year right now the pipeline runs from russia to germany under the baltic sea but it would need to be extended six hundred miles to reach britain the project appeals to london because it offers diversifying gas supplies that are mostly coming from the middle east. let's take a look now at some other news making the headlines this hour taliban suicide bombers have a u.s. military base in the city of jalalabad in eastern afghanistan afghan intelligence officials say there were as many as eight militants explosions went off outside the gate and a gun battle in shoe nato officials say at least one afghan guard was killed and several foreign troops injured. in japan say seven people are missing after a tunnel collapsed trapping an unknown number of vehicles local police say they have found several bodies in one of the cars in a tunnel the accident on a highway west of
energy giants big pay and gazprom are talking business is britain seeks to bolster its energy security the north string pipeline could be extended to the u.k. by twenty sixteen with a deal set to be signed in the middle of next year right now the pipeline runs from russia to germany under the baltic sea but it would need to be extended six hundred miles to reach britain the project appeals to london because it offers diversifying gas supplies that are mostly coming from the middle east. let's...
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here was energy live from moscow one area of america's economy which is thriving is its prisons that packed to the rafters with criminals who make up a very lucrative and cheap labor force and allergies that is huge again explains businessmen spend millions to keep it that way. in the us the market for cheap labor is booming behind bars in the last fifteen years partnership between prisons and private manufacturers has increased significantly there are becoming america's very own chinese style manufacturing line behind prison walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is actually has been going out of this country and we're putting it you know inside the walls and it's it's absolutely a perfect idea. i have a workforce that does not have
here was energy live from moscow one area of america's economy which is thriving is its prisons that packed to the rafters with criminals who make up a very lucrative and cheap labor force and allergies that is huge again explains businessmen spend millions to keep it that way. in the us the market for cheap labor is booming behind bars in the last fifteen years partnership between prisons and private manufacturers has increased significantly there are becoming america's very own chinese style...
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energy giants b.p. and the gazprom talking business as britain seeks to bolster its energy security the nord stream pipeline could be extended to be u.k. by twenty sixteen the deal said to be signed in the middle of next year right now the pipeline that runs from russia to germany on the baltic sea it would need to be extended six hundred miles to reach britain project or here's the u.k. government because it offers diversifying gas supplies that are mostly coming from the middle east. now britain's the trade unions are promising a tough winter of strikes and industrial action the most activist leaders is crow later this hour he tells r t y walking out. the reality is. public sector workers. more you must i sorry for no pay was for two years they've seen their pensions go up by three percent. then they're seeing their child benefit from all of them being stopped and what that really means is a massive attack on the standard living where inflation is going up by about normal the same as some of these peo
energy giants b.p. and the gazprom talking business as britain seeks to bolster its energy security the nord stream pipeline could be extended to be u.k. by twenty sixteen the deal said to be signed in the middle of next year right now the pipeline that runs from russia to germany on the baltic sea it would need to be extended six hundred miles to reach britain project or here's the u.k. government because it offers diversifying gas supplies that are mostly coming from the middle east. now...
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russian gas could soon be flowing directly to the united kingdom energy giant b.p. and gazprom are talking business is britain seeks to bolster its energy security the north stream pipeline could be extended to the u.k. by twenty sixteen the deal said to be signed in the middle of next year right now the pipeline runs from russia to germany on the baltic sea it would need to be extended six hundred miles to reach britain the project appeals though to the u.k. government because it offers diversifying gas supplies that are currently mostly coming from the middle east. much more news ahead including the tale of a prime minister the press and the public baying for blood as an inquiry says britain's free media needs to be rated with regulation. versus social workers.
russian gas could soon be flowing directly to the united kingdom energy giant b.p. and gazprom are talking business is britain seeks to bolster its energy security the north stream pipeline could be extended to the u.k. by twenty sixteen the deal said to be signed in the middle of next year right now the pipeline runs from russia to germany on the baltic sea it would need to be extended six hundred miles to reach britain the project appeals though to the u.k. government because it offers...
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britain that could buy credible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. and let's now turn to some other international news and breve typhoon which has been battering the philippines for the last two days has left almost three hundred fifty dead this storm moved out of populated areas may day and wednesday tens of thousands fled their homes as they have the rains and winds rolled across southern and central regions of the country cutting off power into entire provinces rescue teams have been working in the west hate areas but it's feared the number of casualties will rise. at least eight people have been wounded in a blast outside a military base in nairobi a bomb hidden underground exploded in a mainly somali ne
britain that could buy credible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. and let's now turn to some other...
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britain that could buy incredible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. and outies a financial guru max kaiser has his own unique take on what's in store for britain you can watch the full program the kaiser report later today but here's a quick. people of the united kingdom listen to me. your future and your future is scum villages and real babies at a newspaper say will look like this. yes the mayor of the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and not because i think the best name for this baby will be. standing. with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a
britain that could buy incredible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet the chancellor is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. and outies a financial guru max...
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britain that could buy incredible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet that is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. jenison some other international news in brief at least eight people have been killed after a five point five magnitude earthquake hit eastern iran border with afghanistan there are fears a number of casualties could rise as emergency workers struggle to rescue those who are trapped under the rubble of the quake has caused devastation to more than a dozen villages damaging buildings and cutting power and phone lines this. time for involve all which has been battering the philippines for the last two days has left almost three hundred fifty dead the storm moved out of a populated areas midday on wednesday tens of thousands fled their homes as
britain that could buy incredible amounts of investment in really industrial development sustainable energy investment things that would really work to regenerate our economy yet that is tinkering around the edges our government needs to address these problems it's elected by the people to provide services for the people to make our country run properly it's not a government that's been elected to help the big corporations we have to see a change here. jenison some other international news in...
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especially spending on modernization and while it may be india has its own security has own is own energy security problem and it is eager to explore our natural gas in the south china sea i do believe that india certainly has influence with india a student group in mind india also has a free trade agreement with the group just like china and south korea and it is easy to maintain a high profile within the rule by. expanding trade relation yes there's also been much much diplomatic wrangling between india and china over gas and oil exploration in the past and this latest development to escalate the situation to a real conflict. well certainly the east will remain frictions between the two countries. both countries do not want these frictions to escalate into a kind of military conflict basically the indian government is whole soaring for domestic and international purposes i think he would be very careful to ensure that the probability of a military conflict move the main very low do you think china is willing to maintain a heavy presence in this area so through each area at the expense o
especially spending on modernization and while it may be india has its own security has own is own energy security problem and it is eager to explore our natural gas in the south china sea i do believe that india certainly has influence with india a student group in mind india also has a free trade agreement with the group just like china and south korea and it is easy to maintain a high profile within the rule by. expanding trade relation yes there's also been much much diplomatic wrangling...
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power plant saying that the works there are under way and of course they also talked about all sorts of energy resources being delivered through turkey and to turkey from russia and by russia so it was really it did seem like. the meeting between the two leaders day went by in a very amicable outlets here in fact the prime minister has called a good friend every speck full every speck full of even honorable friend both leaders have underlined the friendship by several times. considering deploying nearly two hundred soldiers as part of the nato mission to set of a patriot air defense missile base on the turkish border with syria more than sixty percent of germans being against the move according to a recent poll you have a business consultant christopher forstall told me things berlin seems content to turn his back on public opinion. our chancellor mrs merkel is obviously over fulfilling and prematurely fulfilling washington's wishes which is completely against the will of the people and sixty percent by the way is i think not the correct figure this is a regular tradition in our days that the
power plant saying that the works there are under way and of course they also talked about all sorts of energy resources being delivered through turkey and to turkey from russia and by russia so it was really it did seem like. the meeting between the two leaders day went by in a very amicable outlets here in fact the prime minister has called a good friend every speck full every speck full of even honorable friend both leaders have underlined the friendship by several times. considering...